Global Trade Alert
Global Trade Alert

Czechia: EIB provides financing for the upgrade of Czechia's electricity transmission network

Announcement

14 Dec 2021

On 14 December 2021, the EIB granted a EUR 142 million (USD 161 million) loan to state-owned transmission operator ČEPS for the modernisation of the country's electricity transmission network.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Dec 2021

Revocation date:

31 Dec 2025

Updated: 14 Dec 2021
State loan
On 14 December 2021, the European Investment Bank (EIB) and ČEPS As signed a loan agreement worth EUR 142 million (approx. USD 161 million) to support Czechia's transmission network upgrade. The total...
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